Coal shipments through Australia's Newcastle port remain stable MoM in August

Exports of coal for all uses shipped from the Port of Newcastle in Southeast Australia's New South Wales stood at 12.67 million tonnes in August, stable from the 12.63 million tonnes recorded in July. On a yearly basis, the August volume was higher by 4.2%, according to the latest data released by the port authority.

Last month, Mysteel's maritime data recorded healthy growth in coal exports from Newcastle port to major Asian markets, helping to support the port's overall throughput. According to the data, shipments to Japan in August reached 5.83 million tonnes, up 1.1% on month and 20% on year. Meanwhile, exports to the